In the news today: US sanctions on Iran come into force, Tsogo Sun will pay millions for directors’ losses, and SAA may be forced to acquire a strategic equity partner

The oil and financial sectors in Iran will take the heat of the US’s latest round of sanctions, said to be the ‘toughest ever’ imposed on the Islamic Republic. Will the oil price be affected? READ MORE

The Minister of Public Enterprises, Pravin Gordhan, says a strategic equity partner may be part of the turnaround package for struggling state-run airline SAA, which includes “cost reduction and commercial reorientation”. READ MORE

Spectramed and Resolution Health have joined forces – and the merger will result in the launch of a new scheme, Health Squared, which promises 11 benefit options and lower premiums for members. READ MORE